Office and Warehouse Space
For Sale
Contact for pricing
2914 N O St, Fort Smith, AR 72901
Office and warehouse space with secure, fenced-in yard.
Property Size17,300 SF
Lot Size8.00 Acres
Price / SF$72.25
Days on Market945
Property Features for 2914 N O St
General Information
Standard status
Active
Size
17,300 SF
Class
B
Lot size
8.00 Acres
Property subtype
Industrial
Zoning
I-1
Investment Type
Owner/User
Building Details
Buildings
3
Listing Agency:
Ghan & Cooper Commercial Properties
Listed By:
Tyler Teague · License #AR SA00079797
(479) 478-6161
Source:
Crexi
Added: Mar 26, 2024
Changed: Oct 25
Last Checked: Oct 24 at 3:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ghan & Cooper Commercial Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property at 2914 N O Street in Fort Smith, AR, features a total of 17,300 SF of space, including 2,500 SF of office space and over 14,800 SF of warehouse space distributed across multiple buildings. The property also includes over 8 acres of secure, fenced-in yard space. This location has been occupied by Kraus Construction for more than 30 years. The seller is open to leasing the property.
Key Highlights
- Over 8 acres of secure, fenced‑in yard space
- Over 14,800 SF of warehouse space across multiple buildings
- 2,500 SF of office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,513
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,870,260
$1.9M
Cap Rate 7%
$1,335,900
$1.3M
Cap Rate 9%
$1,039,033
$1.0M
Market Conditions
NOI Build-Up for 17,300 SF
Gross rent
$155.7K $9.00/SF
− Vacancy
−$11.8K −$0.68/SF
EGI
$143.9K $8.32/SF
− OpEx
−$50.4K −$2.91/SF
NOI
$93.5K $5.41/SF
Area
Sebastian County, AR
Vacancy
7.60%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,870,260
Cap Rate 7%
$1,335,900
Cap Rate 9%
$1,039,033
Alternative Uses
Best Use
Flex RnD
$1.34M
$1.17M – $1.56M
NOI $93,513 @ 7.0% cap · market cap 7.48%
Second Best
Warehouse
$1.13M
$988.2K – $1.32M
NOI $79,054 @ 7.0% cap · market cap 6.32%
Theoretical Best
Healthcare Medical
$3.68M
$3.22M – $4.29M
NOI $257,652 @ 7.0% cap · market cap 20.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72901, AR
20,973
Population
10,337
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
8.7 sq mi
ZIP Area
2,411
Density / Sq Mi
$42,568
Median Household Income
$30,582
Median Earnings
$837
Median Rent
$113,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse space with secure, fenced-in yard.
Where is this flex space located?
The property is located at 2914 N O St Fort Smith, AR.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Over 8 acres of secure, fenced‑in yard space; Over 14,800 SF of warehouse space across multiple buildings; 2,500 SF of office space
